Bangkok Expressway (BKK:BECL-R) Tangible Book per Share: ฿-1.65 (As of Sep. 2015)

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What is Bangkok Expressway Tangible Book per Share?

Bangkok Expressway BKK:BECL-R Tangible Book per Share is ฿-1.65 as of Sep. 2015. The stock has 2 warning signs investors should review.

Tangible book value per share is calculated as the total tangible equity divided by Shares Outstanding (EOP). Total tangible equity is calculated as the Total Stockholders Equity minus Preferred Stock minus Intangible Assets. Bangkok Expressway's tangible book value per share for the quarter that ended in Sep. 2015 was ฿-1.65.

Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.

Bangkok Expressway  (BKK:BECL-R) Tangible Book per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.

Bangkok Expressway Tangible Book per Share Related Terms

Bangkok Expressway Tangible Book per Share Historical Data

* Premium members only.

The historical data trend for Bangkok Expressway's Tangible Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Bangkok Expressway Tangible Book per Share Chart

Bangkok Expressway Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.70 -15.92 -9.48 -12.34 -4.19

Bangkok Expressway Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
Tangible Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -6.76 -4.19 -2.45 -2.57 -1.65

BKK:BECL-R vs GVA, PRIM: Tangible Book per Share Comparison

For the Engineering & Construction subindustry, Bangkok Expressway's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Bangkok Expressway Price-to-Tangible-Book vs Construction Industry

For the Construction industry and Industrials sector, Bangkok Expressway's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Bangkok Expressway's Price-to-Tangible-Book falls into.


Bangkok Expressway Tangible Book per Share Calculation

Bangkok Expressway's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2014 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(21566.49-0-24789.539)/770.000
=-4.19

Bangkok Expressway's Tangible Book Value Per Share for the quarter that ended in Sep. 2015 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(21200.789-0-22473.183)/770.000
=-1.65

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total equity is a balance sheet item and equal to total assets less total liabilities of the company. Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.

What does a Tangible Book per Share of ฿-1.65 mean?
Bangkok Expressway (BKK:BECL-R) has a Tangible Book per Share of ฿-1.65 as of Sep. 2015. Tangible book per share equals the per-share value of a company's tangible equity. View historical data on Bangkok Expressway and its competitors.
Is Bangkok Expressway's Tangible Book per Share too high?
Bangkok Expressway's current Tangible Book per Share is ฿-1.65.
How does Bangkok Expressway's Tangible Book per Share compare to GVA and PRIM?
Bangkok Expressway's Tangible Book per Share of ฿-1.65 can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tangible Book per Share for a Construction company?
A good Tangible Book per Share depends on the Construction industry context. However, Tangible Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tangible Book per Share mean?
A high Tangible Book per Share can signal that a stock is expensive relative to its fundamentals. Tangible book per share equals the per-share value of a company's tangible equity. View historical data on Bangkok Expressway and its competitors. Bangkok Expressway's current Tangible Book per Share is ฿-1.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bangkok Expressway stock overvalued right now?
Bangkok Expressway (BKK:BECL-R) has a current Tangible Book per Share of ฿-1.65. The current Tangible Book per Share is ฿-1.65. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tangible Book per Share calculated?
Tangible Book per Share is calculated from a company's financial statements. For Bangkok Expressway (BKK:BECL-R), the current Tangible Book per Share is ฿-1.65 as of Sep. 2015. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Bangkok Expressway Business Description

Bangkok Expressway Public Company Limited engages in the design, construction, management, and operation of expressways in Thailand. The Company is engaged in the construction and management of Si Rat Expressway (Second Stage Expressway Project) and other extensions, including related businesses under the Second Stage Expressway agreement with the Expressway Authority of Thailand (EXAT); and the Udon Ratthaya Expressway under the Bang Pa-in-Pak Kret Expressway agreement entered into between EXAT and the Company.